India stocks higher at close of trade; Nifty 50 up 1.48%

India stocks higher at close of trade; Nifty 50 up 1.48%

India stocks higher at close of trade; Nifty 50 up 1.48% India stocks higher at close of trade; Nifty 50 up 1.48%

Investing.com – India stocks were higher after the close on Friday, as gains in the IT, Auto and Technology sectors led shares higher.

At the close in NSE, the Nifty 50 gained 1.48% to hit a new all time high, while the BSE Sensex 30 index climbed 1.43%.

The best performers of the session on the Nifty 50 were Maruti Suzuki India Ltd. (NS:MRTI), which rose 5.93% or 448.85 points to trade at 8014.90 at the close. Meanwhile, Wipro Ltd (NS:WIPR) added 5.77% or 23.45 points to end at 430.20 and Tech Mahindra Ltd (NS:TEML) was up 5.66% or 56.35 points to 1051.10 in late trade.

The worst performers of the session were Hindalco Industries Ltd. (NS:HALC), which fell 1.94% or 5.30 points to trade at 267.60 at the close. Tata Steel Ltd (NS:TISC) declined 1.34% or 9.65 points to end at 713.15 and IndusInd Bank Ltd. (NS:INBK) was down 1.29% or 12.25 points to 939.80.

The top performers on the BSE Sensex 30 were Maruti Suzuki India Ltd. (BO:MRTI) which rose 5.86% to 8010.00, Tech Mahindra Ltd (BO:TEML) which was up 5.64% to settle at 1050.95 and Infosys Ltd (BO:INFY) which gained 3.97% to close at 1312.00.

The worst performers were IndusInd Bank Ltd. (BO:INBK) which was down 1.37% to 939.05 in late trade, Bharti Airtel Ltd (BO:BRTI) which lost 0.93% to settle at 540.25 and State Bank Of India (BO:SBI) which was down 0.61% to 286.00 at the close.

Rising stocks outnumbered declining ones on the India National Stock Exchange by 917 to 749 and 60 ended unchanged; on the Bombay Stock Exchange, 1683 rose and 1301 declined, while 138 ended unchanged.

Shares in Maruti Suzuki India Ltd. (NS:MRTI) rose to 52-week highs; up 5.93% or 448.85 to 8014.90. Shares in Wipro Ltd (NS:WIPR) rose to all time highs; gaining 5.77% or 23.45 to 430.20. Shares in Tech Mahindra Ltd (NS:TEML) rose to 5-year highs; up 5.66% or 56.35 to 1051.10. Shares in Maruti Suzuki India Ltd. (BO:MRTI) rose to 52-week highs; rising 5.86% or 443.25 to 8010.00. Shares in Tech Mahindra Ltd (BO:TEML) rose to 5-year highs; up 5.64% or 56.15 to 1050.95. Shares in Infosys Ltd (BO:INFY) rose to all time highs; gaining 3.97% or 50.05 to 1312.00.

The India VIX, which measures the implied volatility of Nifty 50 options, was up 0.12% to 20.6400.

Gold Futures for February delivery was down 1.17% or 22.30 to $1891.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.65% or 0.33 to hit $51.16 a barrel, while the March Brent oil contract rose 0.81% or 0.44 to trade at $54.82 a barrel.

USD/INR was down 0.20% to 73.270, while EUR/INR fell 0.44% to 89.6860.

The US Dollar Index Futures was up 0.14% at 89.918.

Original Article

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